Is La Salle-Gilcrest, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Salle-Gilcrest is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, La Salle-Gilcrest has remained a Seller's Market.

Key Takeaway

La Salle-Gilcrest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in La Salle-Gilcrest, CO

How much do homes in La Salle-Gilcrest, CO cost?

Median Sold Price

$415,000

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in La Salle-Gilcrest has remained the same since last year.

Summary: The median home sold price in La Salle-Gilcrest was $415,000 in October 2024, up 0.1% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $355K$355K
0.0%
3 $380K$415K
+9.2%
4 $650K$410K
-36.9%
5+ $572.5K$500K
-12.7%

Summary: La Salle-Gilcrest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 36.9%, and 5+ bedroom homes decreased by 12.7%.

Median Sold Price Compared To Nearby Cities

Milliken
+2.5%
La Salle-Gilcrest
0.1%
Evans
-0.5%
La Salle
-10.3%

Housing Supply in La Salle-Gilcrest, CO

How many homes are available in La Salle-Gilcrest, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2527+8.0%

Summary: The La Salle-Gilcrest real estate market had 27 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 89
+12.5%
4 1313
0.0%
5+ 34
+33.3%

Summary: The La Salle-Gilcrest housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Salle-Gilcrest, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in La Salle-Gilcrest in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.

Days on Market for La Salle-Gilcrest, CO

How long does it take to sell a home in La Salle-Gilcrest, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days53 Days+168.8%

Summary: Homes in La Salle-Gilcrest had an average of 53 days on market in Oct 2024, up by 168.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in La Salle-Gilcrest has remained consistent over time.

Summary: During October 2024, 8 homes were sold in La Salle-Gilcrest; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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